Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | 20 Centavos (0.20) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO EM LOURENÇO MARQUES VINTE 20 CENTAVOS MOEDA CORRENTE LISBOA, 5 DE NOVEMBRO DE 1914 BANCO·NACIONAL·ULTRAMARINO COLONIAS, COMMERCIO, AGRICULTURA O VICE-GOVERNADOR O GOVERNADOR |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO NACIONAL ULTRAMARINO 0$20 0$20 BRADBURY, WILKINSON & CO. LD GRAVADORES, LONDRES |
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| Comments |
Banco Nacional Ultramarino's 20 Centavos of 1914 belongs to a fractional emergency issue prompted by a chronic shortage of small silver coinage across Portuguese colonial territories — a problem that plagued the BNU for decades and forced repeated resort to low-denomination paper scrip. Bradbury Wilkinson, already well established as a security printer for colonial and Commonwealth issuers by this point, handled the production in London.
Pick 57 is notably scarce in any grade. Small-denomination notes of this period circulated hard and were discarded rather than saved.